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LATAM Airlines Announces Underwriting Agreement for 10 Million ADS

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LATAM Airlines Announces Underwriting Agreement for 10 Million ADS

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The latest update is out from LATAM Airlines Group SA Sponsored ADR ( (LTM) ).

On June 16, 2025, LATAM Airlines Group S.A. entered into an underwriting agreement with J.P. Morgan Securities LLC and several shareholders to sell 10,000,000 American Depositary Shares, each representing 2,000 common shares of the company. This move is part of the company’s strategic financial operations, potentially impacting its market positioning and shareholder value.

The most recent analyst rating on (LTM) stock is a Buy with a $38.00 price target. To see the full list of analyst forecasts on LATAM Airlines Group SA Sponsored ADR stock, see the LTM Stock Forecast page.

Spark’s Take on LTM Stock

According to Spark, TipRanks’ AI Analyst, LTM is a Outperform.

LATAM Airlines’ strong financial performance, marked by robust profit margins and cash flow, is a major strength, countered by high debt reliance. Technical indicators show bullish trends but caution due to overbought signals. The valuation is reasonable, adding stability to the stock’s appeal.

To see Spark’s full report on LTM stock, click here.

More about LATAM Airlines Group SA Sponsored ADR

LATAM Airlines Group S.A. operates in the airline industry, providing air transportation services across Latin America. The company is a publicly held stock corporation based in Santiago, Chile, and is involved in the operation of passenger and cargo flights.

Average Trading Volume: 558,411

Technical Sentiment Signal: Strong Buy

Current Market Cap: $11.47B

See more data about LTM stock on TipRanks’ Stock Analysis page.

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